Duplex with Two-Story
New
For Sale
$1,100,000
11021 SW 4th St, Sweetwater, FL 33174
Residential Income, Sweetwater, FL
Property Size3,156 SF
Lot Size0.32 Acres
Price / SF$348.54
Days on Market2
Property Features for 11021 SW 4th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3
Parking
5
Subdivision
SWEETWATER GROVES .14 AC
Lot features
< 1/4 Acre
Standard status
Active
APN
25-40-06-001-1196
Size
3,156 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
6 54 40 .32 AC SWEETWATER GROVES PB 8-50 E100FT OF W510FT OF S1/2 OF LOT 4 BLK 21 LOT SIZE 100.000 X 140 OR 12094-2234 0384 1
Tax Annual Amount
17548
Legal Description
6 54 40 .32 AC SWEETWATER GROVES PB 8-50 E100FT OF W510FT OF S1/2 OF LOT 4 BLK 21 LOT SIZE 100.000 X 140 OR 12094-2234 0384 1
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1954
Floors in Building
2
Listing Agency:
Douglas Elliman
(305) 677-5000
Listed By:
Mariangela Jattin · License #3456702
(786) 203-6277
Added: Nov 3
Last Checked: Nov 4 at 12:06PM
MLS# A12117154
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1954, this duplex has two residences with distinct layouts. The one-story unit contains 3 bedrooms and 2 bathrooms, while the two-story unit has 4 bedrooms and 3 bathrooms. Each side includes a terrace and access to the yard; the two-story residence also has impact windows. The property occupies a 14,000-square-foot lot and is served by central heating and central air conditioning, with public sewer service.
The property is within walking distance of FIU in Sweetwater, Florida.
The property is within walking distance of FIU in Sweetwater, Florida.
Key Highlights
- Two residences: one with 3 bedrooms and 2 bathrooms; the other with 4 bedrooms and 3 bathrooms
- 14,000‑square‑foot lot
- Two‑story residence includes impact windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,610
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,200
$1.1M
Cap Rate 7%
$751,571
$751.6K
Cap Rate 9%
$584,556
$584.6K
Market Conditions
NOI Build-Up for 3,156 SF
Gross rent
$79.5K $25.20/SF
− Vacancy
−$4.4K −$1.39/SF
EGI
$75.2K $23.81/SF
− OpEx
−$22.5K −$7.14/SF
NOI
$52.6K $16.67/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,200
Cap Rate 7%
$751,571
Cap Rate 9%
$584,556
Alternative Uses
Best Use
Multifamily LT 5
$751.6K
$657.6K – $876.8K
NOI $52,610 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$693.4K
$606.7K – $809.0K
NOI $48,537 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,082 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,585
Businesses Nearby
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Business Placement
Demographics for 33174, FL
32,962
Population
11,474
Households
2.9
Avg Household Size
42
Median Age
29%
College-Educated
75%
High-School Grad
3.1 sq mi
ZIP Area
10,633
Density / Sq Mi
$59,599
Median Household Income
$30,210
Median Earnings
$1,786
Median Rent
$379,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer separate bedroom and bathroom layouts, terraces, and yard access.
Where is this duplex located?
The property is located at 11021 SW 4th St Sweetwater, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and 2 bathrooms; the other with 4 bedrooms and 3 bathrooms; 14,000‑square‑foot lot; Two‑story residence includes impact windows
